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    1974 Clear Lake Dr Fort Mohave, AZ 86426

    For Sale
    $1,200,000

    Turnkey Assisted Living, 10 Beds

    Property size:
    3,619 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 3,619 square foot assisted living facility in Fort Mohave, Arizona, presents a unique investment opportunity. Located at 1974 Clear Lake Dr, this property boasts 10 beds and is currently operating with a capacity of 6 residents, offering significant growth potential. Built in 2002 on an 8,712 square foot lot (APN 226-16-025), the facility is zoned SD - Special Development and features a comprehensive sprinkler system and solar energy, minimizing operational costs. The property includes private living quarters, ideal for an owner-operator. With over 20 years of established service, this facility has a strong community reputation and provides a stable income stream. The property is conveniently located near hospitals, shopping, and other amenities. The facility is fully licensed and ready for immediate operation, making it a turnkey solution for investors seeking a profitable and established business. The occupancy date is September 30, 2024. This is a rare opportunity to acquire a thriving assisted living facility with room for expansion. The asking price is $1,200,000.

    Property Features for 1974 Clear Lake Dr

    General Information

    Property type
    Retirement homes
    Square Feet
    3,619 SF

    Building Details

    Year Built
    2002
    Units
    1
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retirement homes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Building Supply Gym & Fitness Accounting Firm Daycare Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Mohave
    County
    Mohave
    State
    Arizona
    Longitude
    -114.581202
    Latitude
    34.9906948

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    FAQs

    What type of property is this?
    Retirement home - Turnkey Assisted Living, 10 Beds
    Where is this retirement home located?
    The property is located at 1974 Clear Lake Dr Fort Mohave, AZ.
    What is the asking price?
    The asking price for this property is $1,200,000.
    Request Owner's contact information
    1974 Clear Lake Dr Fort Mohave, AZ 86426
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    Fort Mohave, AZ 86426
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1974 Clear Lake Dr Fort Mohave, AZ 86426
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